Latest News for: Anglo american mining


Amplats employees in money seat with R1.8bn employee share plan

Independent online (SA) 29 Sep 2022
Anglo American Platinum (Amplats) employees are in the money seat after the mining firm yesterday announced a R1.8 billion new employee share ownership plan (Esop), which will see each qualifying employee receiving shares in the firm worth R8 000 a year ... The mining firm, with a ...

5 FTSE 100 stocks I’d still buy

The Motley Fool 29 Sep 2022
The FTSE 100 has had it rough of late ... This is the second time this year that this level has been breached ... Oil and mining products are typically priced in US dollars. So, the likes of BP and Anglo American might seem like solid choices, and they might well be ... James McCombie has positions in Anglo American, Ashtead Group, Bunzl, BP, and Experian ... .

What next for FTSE stocks after the mini-budget?

The Motley Fool 29 Sep 2022
Chancellor Kwasi Kwarteng’s mini-budget caused mayhem in financial markets. The pound went into freefall. UK government bonds (gilts) were heavily sold off ... Risky gamble ... The same fears sent mining companies’ shares down. Anglo American (-5.9%), Antofagasta (-5.9%) and Glencore (-5.8%) joined BP and Shell on the FTSE 100 top 10 fallers list ... .

Another mine dam wall collapses in South Africa

Reuters 28 Sep 2022
There were no immediate reports of any injuries or deaths from the latest dam wall collapse at the dormant diamond mine, which was once owned by De Beers, a unit of Anglo American (AAL.L).

Anglo starts copper operations at Quellaveco in Peru

Independent online (SA) 27 Sep 2022
Anglo American CEO Duncan Wanblad said ... “We designed Quellaveco as one of Anglo American’s and South America’s most technologically advanced mines, incorporating autonomous drilling and haulage fleets – a first in Peru – a remote operations centre, as well as several of Anglo American’s digital and advanced processing technologies.

Anglo American lowers expectations at Quellaveco copper mine

The Times/The Sunday Times 27 Sep 2022
Anglo American has started shipping copper from a new $5.5 billion mine in Peru, but warned that initial output will be lower than expected. The Quellaveco mine ...

Diversification is the new mining buzzword

Mining Dot Com 26 Sep 2022
The CEO of Anglo American, another major diversified miner, has indicated that South Africa would be a good jurisdiction to explore for base metals ... Copper, nickel, lead and zinc are among the base metals Anglo American is focusing its global discovery strategy in greenfield and brownfield projects. .

Here’s how much I’d need to invest to earn passive income of £1,000 a month

The Motley Fool 23 Sep 2022
The State Pension isn’t enough to secure a fun-packed retirement, and I’ll supplement mine by building a passive income from shares ... Today, the index yields a steady income of 3.93% a year ... Mining giant Anglo American currently yields 9.07% a year, while insurer Aviva offers income of 8.73% and Barratt Developments yields 8.81% ... .

Newmont Announces Executive Leadership Appointments

Maryville Daily Forum 22 Sep 2022
Aaron most recently served as CEO of Anglo American’s copper business in Chile following a series of operating and technical positions within that organization including as Group Head of Open Pit Mining. As CEO of Anglo American in Chile, he oversaw all company activities in ...

GIDEON DU PLESSIS: Long-term wage agreements promote labour peace

Business Day 19 Sep 2022
In 2021, the Northam Platinum Zondereinde Mine signed a historic five-year agreement with mining trade unions, and this year Anglo American Platinum, Impala Platinum and Bushveld Minerals followed suit by concluding five-year agreements with the aim of creating labour peace and achieving operational stability.

I’d buy the dip in share prices as there are bargains to be had right now

The Motley Fool 17 Sep 2022
At The Motley Fool, we like to ‘buy the dip’ whenever we can. That means picking up shares after the stock market has fallen, to gain exposure at a lower valuation than just a few days earlier ... The recent Anglo American dip really tempts me. The mining giant has fallen 7.82% over the last week, as global recession fears grow ... Learn more ... .

After South African dam collapse, mine waste to be pumped into historical pit

Independent online (SA) 16 Sep 2022
But the pit, the oldest and biggest hand-dug diamond mine in the world, is classed as a historical site and filling it up requires approval by SAHRA ... De Beers, the diamond mining unit of Anglo American Plc, was the last company to mine Jagersfontein until 1971, selling the mine and surrounding dry tailings dumps in 2010 to Superkolong Consortium.

Amplats says Zimbabwe tax spat threatens operations

Business Day 15 Sep 2022
Unki Mines, owned by Anglo American Platinum, lodged an urgent court application against the Zimbabwe Revenue Authority (Zimra), which has sought to garnish funds from the company’s account at the local unit of Standard Bank.

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